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magic cost-cutting sword 

Sarcastic business term which refers to an attempt to cut costs when there simply are no more costs to be cut.
There is no magic cost-cutting sword.

Magic Toober 

A large spherical organ below the lungs that allows unicorns to do all that fancy fantasy shit they do.

<rainbowsandunicorns.com>
<myspace.com/scottfoxpride>
Make sure you don't eat the Magic Toober when we're eating our unicorn on Crayon Day.

My pet unicorn is having Magic Toober problems.
Magic Toober by Scott Fox :] March 28, 2009

Magic Mushrooms 

Mushrooms that contain psilocybin which cause severe hallucinations.

You see a whole new world filled with warped perspectives and colors when you consume magic mushrooms.

It's really trippy
Bob: Hey what's this?
Ted: Magic mushrooms.
Bob: Are they actually magic?
Ted: Oh yeah.

*Bob consumes a magic mushroom and sees neon yellow birds in the sky pooping weed and rainbows coming out of a chimney*
Magic Mushrooms by reehannaa March 30, 2017

magic american 

The term "magic american" is slang for african american.The word magic is used because of the amazing cultural and culinary contributions that black people have given the united states.
Don't call me an "African American", call me a MAGIC American!!!!

magic flute 

The subject of an Opera by Mozart.
Our flute choir played an excerpt from Mozart's "The Magic Flute"
magic flute by trombitar September 24, 2005

Magic Carpet Ride

Having toe curlingly good sex with someone who has an uncontrolled bush.
Johnny hasn't manscaped in weeks, so now I get to go on a magic carpet ride.
Magic Carpet Ride by beedazzle September 20, 2011